Thompson Street Capital Manager LLC
St. Louis-based private equity firm focused on founder-led middle-market businesses. See our portfolio companies.
- Regulatory AUM
- $4.6B
- PE fund assets
- $4.6B
- PE funds
- 10
- Investments held
- 82 of 261
- Deals, last 12 months
- 20
66 additional team members, 48 additional counterparties and placement agents, 282 additional funds, deals and LP commitments, 55 events
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days. Last change: 31 Mar 2026, Private equity funds on its Form ADV went from 7 to 10 (+3).
People to know
View all people- Managing PartnerWhy: Managing partner: runs the firmProfile
- co-founder and Managing PrincipalWhy: Founder of the firmProfile
- Managing DirectorWhy: Managing directorProfile
Capital path
who backs this record, through what, into what; each name opens its own path- Tscp Cv II, L.P.vintage 2024
- Thompson Street Capital Partners VI, L.P.vintage 2021
- Sidley Austin LLPlegal adviser, 4 shared
- Park Hill Group LLCplacement agent, 4 shared
- Paul Giannamorefinancial adviser, 3 shared
Relationship network
478 connected entities219 observed deals20 repeat counterparties28 dated deals shown here, 2004 to 2026
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 2 in historyShowHide
- Class
- Buyout firmprobable, confidence 80%
- Basis
- Own website statement
- Size band
- Middle marketdefined by: proxy: $4.90bn Private Equity Fund GAV on the Form ADV filed 2024-09-06
- Strategies
- Secondaries
Classification history (2)
- Sep 13, 2026Buyout firm (probable, 80%)Own website statement“Thompson Street Capital Partners (“TSCP”) is a middle-market private equity firm that helps transform already-exceptional businesses into market leaders.”tscp.com
- Sep 13, 2026Buyout firm (confirmed, 85%)8 of 8 distinct vehicles are sworn Private Equity Funds; 7 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $4.6B · 10 PE funds · filed Mar 31, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 13, 2012 to Mar 31, 2026
- RAUM
- $4.6Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 10
- PE fund GAV, latest filing
- $4.6Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $4.6Bevery private fund type, latest filing
- 2024 PE fund GAV
- $4.6Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- Private equity fund: 10 funds, $4.6B reported gross assets, 11 ever reported
- Employees
- 53
- Headquarters
- St. Louis, MO
Stated criteria beside observed behaviour5 of 8 criteria stated · 243 observed dealsShowHide
- Sectors
- Healthcare, life sciences, technology, software, consumer
- Geography
- North America, Europe, Global
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- $50.0M to $500M
- Equity check
- $50.0M to $500M
- Control
- not stated or not yet read
- Thesis
- We seek partnerships where our robust in-house portfolio support capabilities can truly add value for management teams.
- On record
- 243 companies, 261 holdings, 207 transactions
- Period
- 2004 to 2026 (421 dated observations, 47 holdings undated)
- Most deals
- Industrial services (40 of 243, e.g. Arrow Pest Control and Sasquatch Pest Control Assets), software (20 of 243), tech enabled services (13 of 243) and 5 more
- Subsectors
- Pest control (19 of 243), software (19 of 243), testing laboratories inspection (11 of 243), miscellaneous manufacturing (9 of 243) and 4 more
- Deal roles
- 79 platforms, 143 add-ons, 39 with role not stated
- Add-ons per platform
- 1.81 add-ons per platform
- Control
- 198 control, 63 not stated
- Holding period
- median 3.2 years across 7 exits
- Where
- In (8 of 243), md (5 of 243), sc (5 of 243), mi (4 of 243), il (4 of 243) and 3 more
- Bought from
- 10 founder, 5 family, 5 sponsor, 1 corporate parent
- By year
- 2004: 2 platforms; 2005: 1 add-on; 2007: 1 platform; 2009: 1 other deal; 2010: 2 other deals; 2012: 2 platforms; 2013: 3 platforms, 2 add-ons; 2014: 1 platform, 7 add-ons, 1 other deal; 2015: 4 platforms, 10 add-ons; 2016: 2 platforms, 9 add-ons, 5 other deals; 2017: 4 platforms, 12 add-ons, 2 other deals; 2018: 2 platforms, 19 add-ons, 1 other deal; 2019: 4 platforms, 13 add-ons; 2020: 3 platforms, 3 add-ons, 2 other deals; 2021: 8 platforms, 11 add-ons, 1 other deal; 2022: 1 platform, 14 add-ons, 2 other deals; 2023: 2 platforms, 9 add-ons, 2 other deals; 2024: 10 add-ons, 3 other deals; 2025: 3 platforms, 10 add-ons, 1 exit; 2026: 3 platforms, 8 add-ons, 1 other deal
- Repeat counterparties
- Sidley Austin LLP (legal adviser) on 4 deals, a legal adviser on 3 deals, a financial adviser on 2 deals, Paul Giannamore (sell-side adviser) on 2 deals and 1 more
243 companies on the graph (207 transactions); most in industrial services (40); 79 platforms and 143 add-ons; median observed hold 3.2 years (7 exits); observed 2004 to 2026
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Tscp Cv II · 1 vehicle · vintage 2024$622M
- Tscp Cv II Continuation vehicle$622M
Thompson Street Capital Partners VI · 2 vehicles · vintage 2021$1.6B
- Thompson Street Capital Partners VI Buyout fund · 2021$951M
- Thompson Street Capital Partners VI-A Buyout fund · 2021$601M
Decision makers
- Bob Dunn · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-02LinkedIn or profile link on file (firm website), confirmed 2026-09-21, confidence 90%
- Jim Cooper · co-founder and Managing PrincipalWhy this person: Founder of the firm; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-02LinkedIn or profile link on file (firm website), confirmed 2026-09-21, confidence 90%
- Alex Mace · Managing DirectorWhy this person: Managing director; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-02LinkedIn or profile link on file (firm website), confirmed 2026-09-13, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 3 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS); Investment organization websites (team, portfolio, strategy, criteria, news). A person named by two sources under two spellings is shown once, with both sources.- co-founder and Managing Principal
- Managing Partner
- Managing Director
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 261 portfolio relationships and 228 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | Braille Works add-on to Allyant | Add-on acquisition | Sponsor (confirmed) | active held 1 month | Craig Albrecht (confirmed) | prnewswire.com |
| Aug 24, 2026 | AuditMate add-on to ATIS | Add-on acquisition | Sponsor (confirmed) | active held 1 month | unknown | tscp.com |
| Aug 5, 2026 | Buckley Belcher & Company, LLC | Platform acquisition | Sponsor (confirmed) | active held 2 months | unknown | tscp.com |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- $194M
- 13 lenders
- Weighted mark
- 100.5
- unchanged on the quarter, same 4
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 5 portfolio companies on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 5 listed on a portfolio page with no date or status.
- Lenders mark them at 100.5 on cost, weighted by principal (4 borrowers with a mark inside the plausible band).
- On the 4 borrowers marked at both Mar 31, 2026 and Jun 30, 2026, the weighted mark moved 0 points; 0 fell 2 points or more and 0 rose 2 points or more.
Show the credit outlook: 5 borrowers, 13 lenders, 8 quartersas of Jun 30, 2026
5 borrowers are in every figure above and named with Private Credit Intelligence.
13 lenders are counted here and named with Private Credit Intelligence.
| Quarter end | Held | Principal | Mark | Non-accrual placed | PIK added or up |
|---|---|---|---|---|---|
| Sep 30, 2024 | 4 | $169M | 100.0 | 0 | 0 |
| Dec 31, 2024 | 5 | $265M | 100.5 | 0 | 0 |
| Mar 31, 2025 | 4 | $174M | 100.6 | 0 | 0 |
| Jun 30, 2025 | 4 | $171M | 100.7 | 0 | 0 |
| Sep 30, 2025 | 4 | $282M | 100.7 | 0 | 0 |
| Dec 31, 2025 | 4 | $207M | 100.6 | 0 | 0 |
| Mar 31, 2026 | 4 | $164M | 100.3 | 0 | 0 |
| Jun 30, 2026 | 4 | $194M | 100.5 | 0 | 0 |
A look back at today’s portfolio companies, not a record of what the sponsor owned then. Mark is fair value over cost across every position inside the plausible band.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- Park Hill Group LLC 4 shared · strong · last Jan 1, 2022
- Paul Giannamore 3 shared · strong · last Jun 30, 2026
- Sidley Austin LLP 4 shared · strong · last Mar 24, 2026
Placement agents by fund generation
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| Evercore Group L.L.C. | 2 | vintage 2021 | Cv | on it |
| Park Hill Group LLC | 4 | vintages 2015 to 2021 | Capital Partners | on it |
| PJT Partners LP | 2 | vintage 2021 | Capital Partners | on it |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.- 1 commitment to 1 fund · amounts not disclosed
Events
- Aug 24, 20268/24/26 Thompson Street Capital Partners Portfolio Company ATIS Acquires AuditMate to Strengthen Its Elevator Asset Management Platform
- Aug 5, 20268/5/26 ATIS Acquires Buckley Belcher to Strengthen Consulting and Managed Services Capabilities
- Jul 9, 20267/9/26 Karpel Appoints Todd Hicks as Chief Executive Officer to Lead Next Phase of Growth
- Jun 30, 20266/30/26 Thompson Street Capital Partners Portfolio Company PestCo Holdings Acquires Arrow Pest Control
Thompson Street Capital Manager LLC is the same institution as 4 records in Allocators, Independent Sponsors, RIA and Wealth and Private Credit.
DFX found 4 relationships across 4 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Thompson Street Capital Manager LLC sits on 46 traced paths of capital across the graphs.
DFX traced 46 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Fits
- Add-on for a platformscore 100confidence 60%Why: strong candidate; same business; in footprint stateWhy now: add on last 6m; multiple add ons 12m; geographic expansion
- Add-on for a platformscore 100confidence 60%Why: strong candidate; same business; in footprint stateWhy now: add on last 6m; multiple add ons 12m; geographic expansion
- Add-on for a platformscore 100confidence 60%Why: strong candidate; same business; in footprint stateWhy now: add on last 6m; multiple add ons 12m; geographic expansion
+9 more scored matches
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Merged in2026-09-15
- Merged in2026-09-15
- Merged in2026-09-13
+468 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.